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LATEST NEWS

Dubai’s Real Estate Transactions generate Dh12 billion in 15 days

18/01/2017
Dubai’s land and property sector witnessed the biggest surge recording Dh12 billion worth of transactions in 15 days, a statement by Dubai Land Department, the emirate’s land registrar, said on Wednesday.

Dubai economy grew 2.7% in 2016, 3.1% growth expected in 2017

17/01/2017
Dubai’s economy grew by 2.7 per cent in real terms in 2016 despite declining oil prices, sluggish growth in developed as well as many emerging economies, and a mere 1.7 per cent growth in trade, its lowest since 2008-2009, a top government official said, reflecting a greater level of transparency.

Dubai is among the most dynamic cities in the world

17/01/2017
Dubai is among the most dynamic cities in the world, according to JLL’s City Momentum Index (CMI) 2017 report.

UAE plans to invest US$163 billion in green energy

12/01/2017
The new energy strategy of UAE is unveiled, which is an ambitious plan to boost clean energy and slash dependence on natural gas to generate power, that will save Dh700 billion by 2050. The integration of renewable, nuclear and clean fossil energy will be funded with investment of Dh600 billion over the next 33 years, equating to an annual spend of more than Dh17 billion.

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Azizi project value to hit Dh13.3 billion in 2017
Azizi Developments, a major property developer will launch 20 new projects in 2017, with a development value exceeding Dh6 billion in 2017. Read More...
Nakheel calls for construction proposals for Deira Islands
Master developer Nakheel is inviting construction proposals for Deira Islands Boulevard, its new, Dh5 billion community for 10,000 people, to be built at Deira Islands in Dubai. Read More...
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